S 928 · 119th Congress · Labor and Employment
PARSA
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.(2025-03-11)
Plain Language Summary
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[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 928 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 928 To amend the Employment Retirement Income Security Act of 1974 to prohibit plan investments in foreign adversary and sanctioned entities, require disclosure of existing investments in such entities, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES March 11 (legislative day, March 10), 2025 Mr. Banks introduced the following bill; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions _______________________________________________________________________ A BILL To amend the Employment Retirement Income Security Act of 1974 to prohibit plan investments in foreign adversary and sanctioned entities, require disclosure of existing investments in such entities, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Protecting Americans' Retirement Savings Act'' or ``PARSA''. …
Summarized by Claude AI · Non-partisan · For informational purposes only